THE KENTOWN WIZARD FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £76,637,427 at the year end, which is higher than the original endowment of £55.8m. The Trustees believe this position is acceptable given ambitious projects and market vagaries, and the auditors confirmed no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
Leadership, per the charity’s website
- Kenneth Townsley — Founder
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- KATHRYN GRAHAM
- MARGARET INGRAM
- Richard George Ingle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £2.2m |
| 31/03/2024 | £1.2m | £1.5m |
| 31/03/2023 | £835k | £1.9m |
| 31/03/2022 | £793k | £6.1m |
| 31/03/2021 | £904k | £2.4m |
Common questions
Is THE KENTOWN WIZARD FOUNDATION financially healthy?
The accounts state that the charity held unrestricted reserves of £76,637,427 at the year end, which is higher than the original endowment of £55.8m. The Trustees believe this position is acceptable given ambitious projects and market vagaries, and the auditors confirmed no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by MHA Moore and Smalley.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LAWSON TRUST CIO | 1 | £1.0m |
| THE BROOK TRUST | 1 | £242k |
| FRANK BRAKE CHARITABLE TRUST | 1 | £120k |
| THE FIDELITY UK FOUNDATION | 1 | £75k |
| THE SUSSEX COMMUNITY FOUNDATION | 1 | £55k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £45k |
| THE PARGITER TRUST | 1 | £40k |
| THE HAPPY BABY COMMUNITY | 1 | £35k |